Spanish stock market falls

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Madrid, Jan 21 (IANS) The Spanish stock market index Ibex-35 fell 3.20 percent to close at 8,281.40 points, down from the 8,554.90 points of the previous session.

On Wednesday’s session, ArcelorMittal shares led falls losing 8.53 percent, followed by Repsol, Banco Santander, Caixabank, OHL and Acerinox that lost 5.61 percent, 4.82 percent, 4.81 percent, 4.77 percent, and 4.74 percent respectively, Xinhua news agency reported.

Banco Sabadell shares also fell, losing 0.76 percent, as well as FCC, Iberdrola, Indra A, Endesa and Grifols that lost 0.91 percent, 1.27 percent, 1.28 percent, 1.57 percent and 1.71 percent respectively.

Spain’s 10-year bond interest rate stood at 1.8 percent and Spain’s risk premium stood at 131.90 points, rising from the 115. 20 points of Tuesday.

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